Gate to Delist Synchrony (SCY)

Gate has conducted a thorough reevaluation of Synchrony (SCY) and determined that it no longer meets our platform’s trading criteria. As a result, Gate will delist it from our trading market, including SCY_USDT spot trading pair and quant grid trading. However, withdrawal services for this token will continue to be provided for one month.

Details:

1. Gate has suspended the deposit services for Synchrony (SCY).
2. Gate will suspend the trading services for Synchrony (SCY), including SCY_USDT spot trading pair and quant grid trading, starting at 07:00 UTC on January 30, 2025.
3. Users with ongoing quant grid trading for Synchrony (SCY) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before 07:00 UTC on January 30, 2025.
4. Users unwilling to participate in our buyback after the delisting are advised to withdraw your Synchrony (SCY) as soon as possible to avoid potential losses.
5. Users holding Synchrony (SCY) on Gate after February 12, 2025 can apply for our buyback by submitting a form. Gate will buy back Synchrony (SCY) at a price of 0.0000204 USDT, with a maximum buyback limit of 100 USDT per user.

To participate in the buyback, users must submit the following form between February 12, 2025, 16:00 UTC and February 19, 2025, 16:00 UTC.
Form Link: https://www.gate.com/questionnaire/6035

Withdraw Synchrony (SCY): https://www.gate.com/myaccount/withdraw/SCY

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Gate Team
January 23th, 2025